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Remuneration for Dummies

Payroll Management for the Rest of Us

Seprator
Seprator
Seprator

Loan Module Details

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Seprator
The Payroll Management Software provides a unique feature for handling the applications for loan proposed by the employee.
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In this software, the company can specify in beginning, the different types of loans that can be sanctioned to the employees along with the interest rate and the necessary documents required to be submitted.
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Maximum Loan amount for each type is also specified in advance.
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When the employee applies for a particular loan, those details are entered in the "Loan Application form" where it automatically calculates the MONTHLY INSTALLMENTS on the basis of the loan amount, interest rate, and the loan period at the touch of a button.
Seprator
For security purpose only an authorized person can sanction the loan and make disbursements.
Seprator
Shadow   Shadow
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